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“# Hackers can use compromised Google Cloud accounts to install mining software in under 30 seconds: report ” In a report aimed at assessing threats to Cloud users, Google’s Cybersecurity Action Team said that some attackers are exploiting “poorly configured” accounts to mine cryptocurrency. On Wednesday, the Google team said out of 50 analyzed incidents…
“# Thai lawmakers urged to approve tourism crypto to entice digital nomads ” A push in Thailand to boost gross domestic product (GPD) by targeting crypto digital nomads is coming closer to fruition according to local media. The Tourism Authority of Thailand (TAT) has been looking into launching its own utility token called TAT Coin…
“# The future is Bitcoin according to South Park creators ” South Park, the animated TV series that often tackles topical issues with a comedic twist, showed Bitcoin being used as a mainstream means of payment in the not too distant future. In the “Post COVID” episode of its 24th season which aired Thursday, South…
“# Celsius expands funding round to $750M, tips $7B to $10B valuation in 2022 ” Crypto lending firm Celsius Network has expanded its $400 million Series B round from October to $750 million as a result of oversubscription in the firm’s capital raise. The company is now valued at $3.5 billion following the raise and…
“# Coinbase acquires crypto wallet provider BRD’s team as utility token price surges 500% ” Crypto wallet provider BRD said “nothing will change” for users following an acquisition from major U.S. crypto exchange Coinbase. In a Wednesday letter to BRD users, CEO Adam Traidman and co-founder Aaron Voisine said some of the company’s team members…
“# Morgan Stanley increased exposure to Bitcoin, held $300M in Grayscale shares ” Investment funds from major U.S. investment bank Morgan Stanley have increased their exposure to Bitcoin through purchases of shares of Grayscale Bitcoin Trust. According to filings from the United States Securities and Exchange Commission on Tuesday, the Morgan Stanley Insight Fund increased…
“# Japanese megabanks join consortium launching yen-based digital currency ” A consortium of roughly 70 Japanese companies, including the country’s biggest financial institutions, have joined forces to trial and launch a new yen-based digital currency in fiscal 2022, sending a strong signal that the private sector was embracing blockchain-based payment systems. The new digital currency,…
“# FC Barcelona, Man City canceled crypto deals show cash is not everything ” The sports industry took a hard hit from the coronavirus pandemic. Most leagues got suspended, and then teams played without the audience for an extended period. Sports clubs started to seek out new revenue streams, and the crypto industry arrived to…
“# Coinbase reportedly down for some users after fixing connectivity issue ” Nasdaq-listed cryptocurrency exchange Coinbase reportedly continues to face some system difficulties after experiencing a major connectivity problem. Both Coinbase brokerage and its trading platform Coinbase Pro were unavailable on Nov. 23 due to connectivity issues on both platforms, Coinbase Support officially reported. “This…
“# Australia’s Rest Super retirement fund to invest in crypto for its 1.8M members ” Australian superannuation fund Rest Super is set to become the first retirement fund in the country to invest in cryptocurrencies. The fund has more than $46.8 billion worth of assets under management (AUM) and around 1.8 million members. Superannuation is…